INFLATION CRUSHES EXPECTATIONS – JEROME POWELL PROVEN WRONG!

TRUMP’S ECONOMY DELIVERS – INFLATION BEATS EXPECTATIONS AS POWELL LOOKS FOOLISH

July inflation data has vindicated President Trump’s economic policies while proving Jerome Powell’s tariff fears were completely wrong.

Inflation Comes in Better Than Expected

The U.S. Bureau of Labor Statistics said its Consumer Price Index (CPI) measure of inflation increased by 0.2 percent on the month in July, a little slower than June’s 0.3 percent reading. Annually, CPI inflation rose by 2.7 percent in July, the same reading as the previous month, beating economists’ expectations and proving that President Trump’s economic policies are delivering stable prices for American families.

Gas prices fell 2.2 percent from June to July and have plunged 9.5 percent from a year earlier, the government’s report said. This is real relief for American families who drive to work, take their kids to school, and need affordable energy to power their lives. While Powell has been spreading fear about Trump’s tariffs causing inflation, the actual data shows energy costs falling dramatically under Trump’s policies.

Powell’s Tariff Fears Proven Wrong

Core inflation—a measure widely watched by economists, which strips out volatile food and energy prices—rose to 3.1 percent in July, up from 2.9 percent. However, this modest increase pales in comparison to Powell’s dire warnings about tariff-driven inflation spiraling out of control. Powell has repeatedly claimed that Trump’s tariffs would cause massive price increases, but the data shows he was completely wrong.

“CPI was in line with expectations, but the trend is heading in the wrong direction,” said Kathy Jones, chief fixed income strategist at the Schwab Center for Financial Research. But this misses the bigger picture: inflation remains well-controlled under President Trump’s leadership, despite Powell’s constant fearmongering about economic disaster.

Trump’s Policies Delivering Real Results

Price increases have been modest relative to expectations, proving that President Trump’s economic agenda of America First trade policies, energy independence, and smart regulation is working exactly as promised. The Fed is mandated to target a 2 percent rate of inflation and full employment, and under Trump’s leadership, both goals are being achieved without the economic chaos that Powell predicted.

Meanwhile, President Trump’s tariff policies are generating billions in revenue for the American government while protecting American workers and industries. The narrative that tariffs automatically cause runaway inflation has been completely debunked by the actual economic data coming out month after month.

Powell’s Stubborn Incompetence on Display

Despite excellent inflation data and clear evidence that the economy is performing well, Powell continues to refuse rate cuts that would benefit American families and businesses. Stubbornly high inflation puts the Federal Reserve in a difficult spot: Hiring slowed sharply in the spring, after Trump announced tariffs in April. The stalling of job gains has boosted financial market expectations for an interest rate cut by the central bank.

But Powell has warned that worsening inflation could keep the Fed on the sidelines—a stance that has enraged Trump, who has defied traditional norms of central bank independence and openly demanded lower borrowing costs that would help American families refinance their homes and start new businesses.

Economic Data Vindicated Trump’s Vision

“As long as breakeven inflation rates and other market based measures of inflation expectations stay contained, the Fed should feel comfortable enough to recommence cutting in September,” analysts noted. The data clearly supports President Trump’s position that rate cuts are not only safe but necessary to support continued economic growth.

Tuesday’s data arrives at a highly-charged moment for the Labor Department’s BLS, which collects and publishes the inflation data. Trump fired Erika McEntarfer, then the head of BLS, after the August 1 jobs report also showed sharply lower hiring for May and June than had previously been reported. The president has picked E.J. Antoni, an economist at the conservative Heritage Foundation, to replace McEntarfer and ensure honest, accurate reporting.

This inflation data proves that President Trump’s economic policies are working for American families while Jerome Powell’s predictions of economic disaster have been completely wrong. Every month that inflation stays controlled while Powell refuses to cut rates is another month of proof that the Fed Chair is either incompetent or playing politics. Your gas prices are falling, core inflation is manageable, and the economy is performing exactly as President Trump promised it would. When Powell finally admits he was wrong and cuts rates, American families will benefit from lower mortgage costs, cheaper business loans, and a booming economy that puts America First.